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Catalysis

Umicore and Apeiron settle metathesis lawsuit

by Michael McCoy
October 9, 2020 | APPEARED IN VOLUME 98, ISSUE 39

 

Umicore says it has settled a lawsuit with the Polish firm Apeiron Synthesis over several metathesis catalyst patents. The Belgian company says it has granted Apeiron a license to the patents in exchange for royalties and other compensation. Both companies have a goal of applying olefin metathesis to industrial applications. Separately, Umicore will consolidate its business in cobalt and nickel specialty chemicals in moves that will eliminate more than 200 jobs.

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